Again, NSE suspends trading in Conoil shares over late filing of account Daily Trust The Nigerian Stock Exchange (NSE) has suspended trading on the shares of Conoil Plc and 11 others for failing to file its accounts by the expiration of the ... read more

NSE Identifies Lafarge, Conoil, 32 Others As Companies That Fell Short of Minimum Listing Standard Proshare Nigeria Limited The Nigerian Stock Exchange, in its latest X-Compliance Report of June 14, 2019, has identified thirty-four (34) companies that fell short of the minimum listing ... read more

Gunmen Attack Conoil Facility In Bayelsa SaharaReporters.com Our early-hour strike of 12:20am on 4th January, 2019 at Angle2 field of Conoil is just a warning to Conoil, King Solomon Eddy and his cartel. If Conoil and King ... read more

CONOIL Appoints Ismail Salam As Acting Executive Director Finance Proshare Nigeria Limited The management of Conoil Plc would like to notify the NSE, its esteemed shareholders, stakeholders and the general public of the Board appointment of Mr. read more

Aviation fuel scarcity: MOMAN promises to fill gap Vanguard Nigeria News - The Major Oil Marketers Association of Nigeria (MOMAN) has urged airlines and air travellers not to panic over reports of aviation fuel... read more

Conoil promises shareholders higher returns on investment Punchng 'Femi Asu. Conoil Plc, a petroleum marketing company, has said it will build a stronger financial position and create higher value for its shareholders to maintain ... read more

Conoil Plc Announces Board and Management Changes Proshare Nigeria Limited The Management of Conoil Plc would like to notify its esteemed shareholders, stakeholders and the general public of the recent changes in the Board and ... read more

Nigeria: Mike Adenuga - 66 Cheers to a Digital Guru (II) AllAfrica.com Opinion - His blossoming career, one recalls, started in 1990, when he received a drilling license from the regime of then military President Gen. Ibrahim ... read more

NSE suspends trading on Conoil shares Premium Times The Nigerian Stock Exchange (NSE) on Monday suspended trading in the shares of Nigerian oil firm, Conoil Plc. The Nigerian bourse announced the ... read more

No Cause For Panic Over Fuel Scarcity, Oil Marketers Assure Nigerians SaharaReporters.com Clement Isong, the Executive Secretary, Major Oil Marketers Association of Nigeria (MOMAN), has assured Nigerians that there is no risk of possible fuel scarcity ... read more

Oil marketers are making losses, closing shop —MOMAN The Punch 'Femi Asu The Major Oil Marketers Association of Nigeria has said most oil marketing companies in the country are running at a loss, while many ha... read more

Conoil appoints Kheterpal as acting managing director Daily Trust The management of Conoil Plc has announced the appointment of Mr. Hardeep Kheterpal as Acting Managing Director and member of its board. Mr. Kheterpal ... read more

Shares glut looms as investors’ losses hit N1.68tr The Nation Newspaper Several companies went on offer without bids as continuing decline in share prices at the Nigerian equities market worsened investors' losses to N1.68 trillion at ... read more

Canadian oil worker kidnapped in Nigeria Radio Canada International - ENGLISH A Canadian oil worker is among two foreigners and a Nigerian national who were kidnapped by unknown gunmen from an oil rig in Nigeria's Delta region over ... read more

Conoil Plc declares N2.15bn dividend NIGERIAN TRIBUNE CONOIL plc, has declared a total of N2.15 billion as total dividend pay out to its shareholders for its 2016 financial year in the face of acute local and. read more

A Look Into The Lives Of Africa's “April Bulls”- Dangote And Adenuga Guardian Nigeria Everyone is unique. However, people born in April have a common trait: They are born leaders. Known for being tenacious and determined in meeting their ... read more

Honeywell Flour Net Profit Decline By 98% Leadership Newspaper Honeywell Flour Net Profit Decline By 98% Honeywell Flour Mills Plc has recorded a decline of 98.46 per cent in its net profit for the year ended March 31, 2019. read more

Stock market sheds N150bn as losses persist The Punch Feyisayo Popoola. Losses in the nation's intensified on Wednesday as investors counted losses totalling N150bn since the beginning of August. The stock ... read more

Nigeria: A Look Into the Lives of Africa's April Bulls - Dangote and Adenuga AllAfrica.com Everyone is unique. However, people born in April have a common trait: They are born leaders. Known for being tenacious and determined in meeting their ... read more

Fuel queues back at filling stations in Lagos The Nation Newspaper Many petrol retail outlets in Lagos and Abuja yesterday closed shops while the few that sold had long queues as motorists waited to fill their vehicles' tanks and ... read more

MOMAN gets new executive secretary as Olawore retires Punchng 'Femi Asu The Major Oil Marketers Association of Nigeria has announced the appointment of Mr. Clement Isong as its new executive secretary followi... read more

EFCC recovers N328.9 billion from Conoil, Oando, 7 others Premium Times The Economic and Financial Crimes Commission, EFCC, says it has recovered a total of N328.9 billion from nine major oil marketers in one year. read more

CONOIL Appoints Mr Tejbir Singh Sawhney as Acting Managing Director Proshare Nigeria Limited We refer to our letter dated 14th April 2016 that was uploaded on the X-Issuers Portal in connection with the above-mentioned Meeting. read more

BUSINESS1 hour ago Huawei H1 Revenue Rises By 23% Despite US Trade Restriction Leadership Newspaper Huawei Technologies has announced a 23.2 per cent revenue increase in its first half 2019 financial results to $58.3 billion (CNY401.3 billion) over the same ... read more

Shareholders of Conoil approve N2.15b dividend Guardian Nigeria Shareholders of Conoil Plc, at the weekend, commended the company's board on its improved performance, even as they approve its N2.15billion total dividend ... read more

Mike Adenuga: 66 cheers to a digital guru Guardian It was Plato who, during the Golden Age, when history was rising as a major sign of the growing sophistication of the Athenian society, declared that a life not ... read more

How Conoil overcame economic recession Guardian Nigeria That the Nigerian oil and gas industry is in dire strait is not in doubt. With the slump in global oil prices and declining oil output, Nigeria, Africa's largest oil ... read more

Lack of deregulation worries petroleum marketing firms Punchng 'Femi Asu Petroleum marketing companies in the country have said the lack of deregulation in the downstream sector of the nation's oil and gas sec... read more

Here's how much these 9 Nigerian billionaires have lost in the last 6 months Pulse Nigeria Nine Nigerian billionaires lost over N500 billion of their fortune to the Nigerian stock market dip in the last first half of 2018. read more

Fuel scarcity bites harder in South West The Punch FEMI MAKINDE, FEMI ASU, ABIODUN NEJO, PETER DADA and BOLA BAMIGBOLA Fuel queues, which surfaced last week in some parts of the country, grew ... read more

Nigerian Billionaire Mike Adenuga Might Be Africa's Richest Man Forbes Mike Adenuga, a Nigerian oil and telecoms tycoon, might be Africa's new richest man. In March this year, Forbes published its annual rankings of the world's ... read more

Nigerian Billionaire Mike Adenuga Receives Highest National Honor In Ghana Forbes Now Nigerian billionaire Mike Adenuga has been conferred with the Ghanaian national award of 'Companion Of The Star of Ghana', the highest national honors in ... read more

Dumping of Dangote Cement, Zenith Bank’s shares drags market down Punchng Stanley Opara. Losses at the close of trading on the floor of the Nigerian Stock Exchange, on Tuesday, were driven majorly by sell-offs in Dangote Cement Plc, ... read more

Nigeria: Recession - Oil Firms Slash Salaries, Hold New Investments AllAfrica.com Oil companies operating in Nigeria have come under serious financial challenges due to the volatility in the global oil market, which has impacted on their ... read more

14 companies responsible for 50% capital market infractions – Report Daily Trust Fourteen insurance companies were responsible for 50.4 per cent of the total penalties meted out by the Nigerian Stock Exchange, amounting to N339.5 million ... read more

Mobil Oil Nigeria Plc Changes Name to 11 Plc Proshare Nigeria Limited Mobil Oil Nigeria Plc has changed its name to 11 Plc (pronounced as “Double One Plc”). This is sequel to the resolution passed by the company's shareholders ... read more

Total Nigeria Plc - Allegation of Indebtedness Proshare Nigeria Limited The Management of Total Nigeria Plc (Total) has been made aware of several publications in the press alleging that the Economic and Financial Crimes ... read more

Africa Engine Oil Market: What are the main applications and challenges? Technology Magazine Africa engine oil market is likely to grow owing to availability of high performance raw materials such as group II and group III base stocks. These base stock ... read more

Diamond Bank Q2 2018 Results Review: PT Cut By 24%; Reiterating Underperform Rating Proshare Nigeria Limited Apart from a solid showing in non-interest income, Diamond's results were weaker than we expected. And while we have reflected the strength of the former in ... read more

Stock market investors lose N1.37tn in seven months The Punch Feyisayo Popoola Investors in the nation's stock market have lost a total of N1.3tn in seven months, as the total market capitalisation of equitie... read more

MTN Nigeria IPO Teaser – Listing and Precursory Information Proshare Nigeria Limited MTN group announced that its Nigerian business will be listed on the Nigerian Stock Exchange this year, by way of initial public offering (IPO). Significant ... read more

Lafarge Africa Plc: Equity Update Proshare Nigeria Limited Lafarge Africa Plc is embarking on aggressive business and capital restructuring that should deliver great value to its shareholders in the short-to-medium term. read more

Bleak Christmas: Millions stranded across Nigeria as fuel scarcity worsens Premium Times On a day Nigerians join the rest of the World to celebrate Christmas, many are left stranded at filling stations as the fuel scarcity bites harder across the country. read more

Nigeria's Cement Market Battles: Lafarge Africa Plc in Focus Proshare Nigeria Limited As noted in our earlier report on Nigeria's Cement Market Battles, the cement market in Nigeria is such that the companies have different regions which they ... read more

11 listed firms fail to file 2016 financial statement to NSE Guardian Nigeria The Nigerian Stock Exchange (NSE) has announced failure by 11 listed firms to meet up with the deadline of filing their Audited Financial Statements (AFS) for ... read more

NSE Proposed Rules on Free Float, REITs and Listing on the Growth Board Proshare Nigeria Limited Notification of proposed rules and rule amendments and invitation for comments notice is hereby given that, the following proposed rules and rule amendments ... read more

2017 Top 25 CEOs Awards postponed till further notice BusinessDay The BusinessDay 2017 Top 25 CEOs Awards which was initially scheduled to hold on May 5, 2017 has been postponed. A new date and venue will be ... read more

Airtel share falls 10% on high stock price Guardian Nigeria At the close of transactions yesterday, Airtel Africa Plc shares, which opened at N363 shed N39.30 or 10 per cent to close at N359.40 per share. read more

Nigerian Fuel Station Engulfed By Fire AllAfrica.com There was panic in Abuja when a tanker discharging fuel exploded at the Conoil filling station located opposite the Nigerian National Petroleum Corporation ... read more

TOTAL H1 2019 Earnings Update: TOTAL Gyrates To Now-Familiar Tunes Proshare Nigeria Limited Revenues for Nigeria's largest downstream player took a further hit in Q2:2019, dragging half-year performance to an abysmal close. read more

Two Weeks After: OANDO Shares Dropped By -7.14%, -22% YTD Proshare Nigeria Limited It is exactly two weeks since the Securities and Exchange Commission (SEC) directed the resignation of the affected Board members of Oando Plc over serious ... read more

NAHCO Projects N2bn PBT in 2019, Mulls Accessing Capital Market To Raise Long-Term Funds Proshare Nigeria Limited The Nigerian Aviation Holding Company Plc is projecting a profit before tax of N2.13bn for the year 2019, even as it plans to diversify its revenue base and will ... read more

NYSC certificate: Adebayo Shittu drags APC to court over disqualification NIGERIAN TRIBUNE The Minister for Communications, Mr Adebayo Shittu, has sued the ruling All Progressives Party (APC) at the Federal High Court, Abuja for disqualifying him ... read more

Meet The Kids Of Africa's 50 Richest: Executives, A DJ, An Art Collector Forbes The sons and daughters of Africa's 50 Richest often choose to work at the family company. Others collect art, work as a DJ, or start their own business. Here is ... read more

Lafarge Africa Plc Rescheduled Court-Ordered Meeting To Hold On August 23rd, 2019 Proshare Nigeria Limited Notice is hereby given that by an Order of the Federal High Court dated 5th July, 2019, made in the above matter, the Court has directed that a meeting of the ... read more

Nigeria: Despite NNPC's Massive Importation, Marketers Still Sell Petrol Above Official Ex-Depot Price AllAfrica.com Despite the flooding of the Nigerian market with petrol by the Nigerian National Petroleum Corporation (NNPC), which has led to the sale of the product at official ... read more

Tell Julius Berger to get serious on Lagos-Ota-Abeokuta Expressway — motorists Guardian Ten months after the Federal Government re-awarded contract for the rehabilitation and reconstruction of the Lagos-Ota-Abeokuta Expressway, the job has been ... read more

Lafarge Africa Divests From SA Operations; Approves Merger Proposal For ReadyMix Business Segment Proshare Nigeria Limited The Board of Directors of Lafarge Africa Plc recently gave a nod of approval to its recent Q4 2018 and Q1 2019 Results. Nigeria's second largest building ... read more

Capital Market Financing for SMEs Proshare Nigeria Limited Micro, Small and Medium Enterprises (MSMEs) in Nigeria face a financing gap that restricts their economic prosperity. This report examines the prospects of ... read more